Simone Development, Fareri Associates Announce More Than 10,000 SF in New Leases at Purchase Professional Park

JLL Capital Markets arranged $19 million in financing for the Edifice Portfolio, a collection of five recently rehabilitated multifamily properties located in Brooklyn. Managing director Jillian Mariutti and director John Flynn represented the borrower, Edifice Partners LLC, a woman-owned real estate development firm based in New York City, in securing a loan facility with City […]

Comptroller Levine emphasized that the Adams Administration’s FY26 spending levels, which exceed revenue, and failure to properly budget for known, re-occurring expenses, have led to unusually high budget deficit projections for FY26 and FY27.

Four major procurements that comprise the remaining construction packages for the new tunnel are also impacted by the federal funding pause.